CREDAI urges government action on rising construction costs
after close1 source ↓written by the desknot a recommendation
The Confederation of Real Estate Developers’ Associations of India-A.P. (CREDAI) has called for government intervention as rising construction costs threaten the sector. Local businesses in Gujarat are shutting down due to the ongoing international conflict, leading to increased reliance on branded suppliers and higher raw material costs. This situation is further exacerbated by spiking transportation costs driven by rising crude oil prices.
Not investment advice. For informational purposes only.